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The stability of the cedi remains the govt’s commitment, but let’s guard against dollar pricing – Finance Minster

October 28, 2025
Screenshot_20251028-132229

The Minister for Finance, Dr. Cassiel Ato Forson, has assured that the government remains committed to maintaining the stability of the Ghana Cedi.

​He has therefore appealed to Ghanaians to support efforts to protect the currency from practices that undermine its value.

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​He gave the assurance while speaking at the official launch of the Cedi@60 celebrations on Tuesday, October 28, 2025, at the Accra International Conference Centre.

​He opined that the 60th anniversary of the national currency represents a “new dawn” in Ghana’s pursuit of economic sovereignty and resilience.

​“For 60 years, through cycles of inflation, devaluation, re-denomination and recovery, the Cedi remains the symbol of our national sovereignty. It has indeed endured,” he said.

​“Our commitment to fiscal discipline has contributed to the strengthening of the Ghana Cedi… We shall stay the course to ensure that the Ghana Cedi remains stable.”

​He also warned against quoting prices in foreign currency — especially the US dollar.
​Such a practice he lamented weakens confidence in the Cedi and distorts the local market.

​“As citizens, we also have a role to play,” he noted. “We must maintain the sanctity of the Cedi as legal tender by preserving it with dignity and protecting it jealously. We must eschew acts that seek to undermine the value of the currency, particularly the pricing of goods and services in foreign currency.”

​The Cedi@60 celebration is being held under the theme: “60 Years of the Cedi: A Symbol of Sovereignty, Stability and Economic Resilience.”

By: Rainbowradioonline.com/Ghana

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